Record Q3 for HPE: Revenue Climbs 34%, Full-Year and FY27 Outlooks Raised
HPE has more than doubled off its 52-week low of $19.84 on elevated volume (2.5× avg).
Summary
Record Q3 revenue of $12.2 billion, up 34% YoY, with EPS above guidance, and raised FY26 and FY27 outlooks on surging AI-driven demand.
Key Events · Earnings and Guidance · HPE
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Record Q3 Revenue of $12.2B
Revenue rose 34% year-over-year to $12.2 billion, driven by Networking up 74.9% and Cloud & AI up 25.4%.
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EPS Beats Guidance
GAAP diluted EPS of $1.06 and non-GAAP diluted EPS of $1.11 both exceeded the company's outlook ranges of $0.84-$0.89 and $0.88-$0.93, respectively.
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Raised FY26 and FY27 Outlook
FY26 revenue growth outlook raised to 34%-37% and non-GAAP EPS to $3.75-$3.85; FY27 framework raised to 13%-17% revenue growth with at least $5.0B free cash flow.
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Quarterly Dividend Declared
Board declared a $0.1425 per share common dividend, payable October 16, 2026 to shareholders of record September 17, 2026.
Analysis · HPE · Technology
A beat-and-raise quarter driven by AI infrastructure demand underscores HPE's momentum. Revenue reached a record $12.2 billion, up 34% year-over-year, with GAAP EPS of $1.06 and non-GAAP EPS of $1.11—both above the company's own outlook ranges. Operating profit surged, with GAAP up 464% and non-GAAP up 155%. Management raised full-year FY26 revenue growth guidance to 34%-37% and non-GAAP EPS to $3.75-$3.85, and introduced a stronger FY27 framework with 13%-17% revenue growth and at least $5.0 billion in free cash flow. A $0.1425 quarterly dividend was also declared. Networking (up 74.9%) and Cloud & AI (up 25.4%) were standout segments.
How filings like this one have moved
In the 30 days to Sep 12, 2026, 29.6% of the 1872 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.19%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HPE was trading at $51.71 on NYSE in the Technology sector, with a market capitalization of approximately $68.6B. The 52-week trading range was $19.84 to $64.25. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.